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King Philanthropies Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Youth Development / Youth Development Programs, Other (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$4.01M (2023)

Expenses
$37.3M (2023)

Total Assets
$669M (2023)

Total Liabilities
$26.3M (2023)

Years with missing data
Source: Form 990 tax filings from 2015 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$4,014,228
Expenses
$37,330,965
Net Income
-$33,316,737
Net Assets
$643,126,499
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $34,343,255
> 100%
Interest Revenue $529,018
13.2%
Dividends $2,401,266
59.8%
Sales of Assets -$33,464,518
Other Income $205,207
5.1%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $30,002,275
80.4%
Compensation of Officers* $1,444,952
3.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $669,412,031
Total Liabilities $26,285,532
Net Assets $643,126,499
Compensation
Key Employees and Officers Compensation Other
Kimberly Jonker (President And Ceo) $837,040 $65,644
George Edward Diener (Coo) $498,104 $44,165
Kartick Kumar (Managing Director Of) $402,096 $28,793
Joanna Rau (Head Of Ceo's Office) $239,540 $30,616
Sithu Thein Swe (Senior Portfolio Man) $237,666 $37,467
Chia Hsuan Chang (Director Of Finance) $227,836 $26,092
Kevin Tang Yang (Investment Manager) $213,702 $31,585
Robert E King (Trustee) $0 $0
Dorothy J King (Trustee) $0 $0
Ulrico Rosales (Director) $0 $0
Emily Liggett (Director) $0 $0
John Brandon (Director) $0 $0
Katherine Hayhoe (Trustee) $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$651,612,509
Expenses
$20,475,690
Net Income
$631,136,819
Net Assets
$668,399,185
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $674,706,319
> 100%
Interest Revenue $4,488
0.0%
Dividends $1,588,177
0.2%
Sales of Assets -$26,103,527
Other Income $1,417,052
0.2%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $6,700,785
32.7%
Compensation of Officers* $1,177,712
5.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $678,530,796
Total Liabilities $10,131,611
Net Assets $668,399,185
Compensation
Key Employees and Officers Compensation Other
Kimberly Jonker (President And Ceo) $595,262 $63,061
George Edward Diener (Coo) $453,924 $65,465
Kartick Kumar (Managing Director Of) $306,138 $45,081
Joanna Rau (Head Of Ceo's Office) $168,977 $35,005
Ahana Gunderson (Director Of Special) $164,994 $33,159
Cindy Chen (Director, King Essen) $147,585 $30,350
Christiana Lee (Senior Associate) $121,245 $27,174
Robert E King (Trustee) $0 $0
Dorothy J King (Trustee) $0 $0
Ulrico Rosales (Director) $0 $0
Emily Liggett (Director) $0 $0
John Brandon (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$59,553,256
Expenses
$5,212,066
Net Income
$54,341,190
Net Assets
$118,281,945
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $50,072,632
84.1%
Interest Revenue $594
0.0%
Dividends $368,652
0.6%
Sales of Assets $8,975,838
15.1%
Other Income $135,540
0.2%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $3,970,540
76.2%
Compensation of Officers* $944,466
18.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $120,079,985
Total Liabilities $1,798,040
Net Assets $118,281,945
Compensation
Key Employees and Officers Compensation Other
Kimberly Jonker (President And Ceo) $478,965 $44,420
George Edward Diener (Coo) $382,400 $38,681
Beverly Watson (Director, King Schol) $201,693 $25,632
Cindy Chen (Director, King Essen) $179,831 $25,702
Kartick Kumar (Managing Director Of) $147,083 $18,180
Ahana Gunderson (Director Of Special) $128,300 $11,232
Andrew Perkins (Associate Director,) $123,361 $15,078
Robert E King (Trustee) $0 $0
Dorothy J King (Trustee) $0 $0
Ulrico Rosales (Director) $0 $0
Emily Liggett (Director) $0 $0
John Brandon (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$3,648,808
Expenses
$4,002,257
Net Income
-$353,449
Net Assets
$59,482,611
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $20,000
0.5%
Interest Revenue $349
0.0%
Dividends $354,952
9.7%
Sales of Assets $3,270,894
89.6%
Other Income $2,613
0.1%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $3,360,779
84.0%
Compensation of Officers* $853,484
21.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $60,124,816
Total Liabilities $642,205
Net Assets $59,482,611
Compensation
Key Employees and Officers Compensation Other
Kimberly Jonker (President And Ceo) $399,333 $40,450
George Edward Diener (Coo) $376,703 $36,998
Cindy Chen (Director, King Essen) $224,462 $27,699
Beverly Watson (Director, King Schol) $218,733 $29,621
Andrew Perkins (Associate Director,) $142,188 $19,151
Joanna Rau (Head Of Ceo Office) $125,550 $17,947
Ahana Gunderson (Director Of Special) $103,674 $8,881
Robert E King (Trustee) $0 $0
Dorothy K King (Trustee) $0 $0
William Meehan (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$2,604,144
Expenses
$3,167,093
Net Income
-$562,949
Net Assets
$48,587,742
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $25,127
1.0%
Interest Revenue $8,454
0.3%
Dividends $504,245
19.4%
Sales of Assets $2,018,766
77.5%
Other Income $47,552
1.8%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $2,779,103
87.7%
Compensation of Officers* $842,248
26.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $48,933,195
Total Liabilities $345,453
Net Assets $48,587,742

Document Links

Fiscal Year Ending Dec.
2018

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2017

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2016

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1
Expenses
$0
Net Income
$1
Net Assets
$1
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $0
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1
Total Liabilities $0
Net Assets $1

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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